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Nov 29, 2012
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doing a deal to raise those rates. where all bush cuts on all tax brackets expire at the end of the year. that is something that gives president obama a lot of clout right now. you can agree or disagree with the president obama policy that is for you to decide. congressman happens to disagree strongly but recognizes that the political reality that all tax cuts will expire on january 1st. >> in my view, we all agree that we are not going to raise taxes on people that make less than $250,000. we should take them out of this discussion right now and continue to try to work for a bigger deal. >> congressman cole cubelal colr a lone voice for the conservatives. i'm quoting now, the fact is that republicans face a new political reality on taxes. president obama's position means that taxes are going you up one way or another. congressman cole as you heard, they believe they should give this one to the president not because they want to, but because they have to. republican leaders though, they disagree. >> i told tom earlier
doing a deal to raise those rates. where all bush cuts on all tax brackets expire at the end of the year. that is something that gives president obama a lot of clout right now. you can agree or disagree with the president obama policy that is for you to decide. congressman happens to disagree strongly but recognizes that the political reality that all tax cuts will expire on january 1st. >> in my view, we all agree that we are not going to raise taxes on people that make less than...
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Nov 29, 2012
11/12
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is it mentioned that is a haunted the president obama? anyway, the tenth highest unemployment rate in the country. for stub's illnois a death spiral state because for every hundred private-sector workers in illinois there are 103 depending upon those ivate-sector workers new york, aiming at the sixth worst death spiral state because for every 100 private-sector jobs in new york there are 107 who depend on the private sector for their -- well, their sustence. a per capita debt of nearl $6,700. $6,700 just for the state of new york. the six highest in the country. we have people worg about the fiscal cliff which is worth worrying about. some of these states have gotten a massive problems. these three among them. unemployment is new york is over 8%. twenty-fourth highest and 16%, 16 percent live below the poverty line. the 22nd hight telling you how much trouble some of these states are in. all three of the states, by the way, have democratic governors and democratic lead and controlled legislature's. to you suppose that is a coincidence? re
is it mentioned that is a haunted the president obama? anyway, the tenth highest unemployment rate in the country. for stub's illnois a death spiral state because for every hundred private-sector workers in illinois there are 103 depending upon those ivate-sector workers new york, aiming at the sixth worst death spiral state because for every 100 private-sector jobs in new york there are 107 who depend on the private sector for their -- well, their sustence. a per capita debt of nearl $6,700....
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Nov 30, 2012
11/12
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it's all a political attempt by obama. he created this issue as a way to have a class war issue with the campaign. it will have no effect on deficit. no effect on rescuing us. and i think republicans ought not play that game. it doesn't help the income. >> to answer your question, the middle class tax cuts are permanent. and the response to charles would be that the obama white house believes it will help the economy. >> they're completely wrong. that is the problem. >> bret: next up, the friday lightning round. [ "odd couple" theme plays ] humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else mes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >> bret: every week, viewers vote for your choice online in the lightning round poll. and this week, cabinet reshuffle won with 36% of the vote. bac
it's all a political attempt by obama. he created this issue as a way to have a class war issue with the campaign. it will have no effect on deficit. no effect on rescuing us. and i think republicans ought not play that game. it doesn't help the income. >> to answer your question, the middle class tax cuts are permanent. and the response to charles would be that the obama white house believes it will help the economy. >> they're completely wrong. that is the problem. >> bret:...
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Dec 2, 2012
12/12
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biggest backers who is cashing out before rates go up. the details are next. erything. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid razr m by motorola for $49.99. >> the president who has covered the backs of businesses. a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. and that's why i'm here tonight supporting president obama. >> paul: that was costco co-founder and former ceo at the democratic national convention in september, saying that president obama will be better for business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current rate of 15% rather than next year's rate of over 40%. and costco i
biggest backers who is cashing out before rates go up. the details are next. erything. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid razr m by motorola for $49.99. >> the president who has covered the backs of businesses. a president who understands what the private sector needs to succeed. a president who takes the long view and makes the...
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Dec 1, 2012
12/12
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said he won this election on, which is having wealthier americans pay higher tax rates. they want to talk about entitlements and this and that, but the tax rates on the rich are more about just this policy debate. there's sort of this philosophical thing of i won the election, and obama -- i don't see any scenario by which he's going to back down. >> one of the things he did which i found interesting, which seems an unnecessary poke in the eye was to say, you know what, as part of this deal i think we should not have congress anymore have to approve raising the debt limit. that was certainly -- >> well, when you go into a negotiation you don't come in with your compromise to start. you kind of have to start at 10 to get -- and it never worked for him before. but the offer from mitch mcconnell, the minority leader, said he laughed at timothy geithner when he presented this offer. but you have to sort of start from your negotiating ground to get to the middle. i will say that it was rejected out of hand on capitol hill, so it's not necessarily a good start. and i would say
said he won this election on, which is having wealthier americans pay higher tax rates. they want to talk about entitlements and this and that, but the tax rates on the rich are more about just this policy debate. there's sort of this philosophical thing of i won the election, and obama -- i don't see any scenario by which he's going to back down. >> one of the things he did which i found interesting, which seems an unnecessary poke in the eye was to say, you know what, as part of this...
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Dec 3, 2012
12/12
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i really worry that president obama, we consider that he's overreaching, it's too much, you know. at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i'm worried, are in the position of looking as if they don't care about the middle class and want to keep tax rates low for wealthy americans. >> one of the things that struck me in my interview with tim geithner, the republicans were a little unclear. he said the bush tax rates had to go up but not all the way up and geithner said they had do have to go up to 39.6%. >> i still think the white house is willing to settle for something in the middle there above the bush tax rate but maybe not all the way back up to clinton, maybe not 250 and above, maybe 500. i think there are moving parts there. i think he says in every speech he goes out there and gives the hard line message to the base i'm not going to be the woos you thought i was last time. he says i want to compromise and we all have to get out of our comfort zone. i want a deal. >> and repub
i really worry that president obama, we consider that he's overreaching, it's too much, you know. at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i'm worried, are in the position of looking as if they don't care about the middle class and want to keep tax rates low for wealthy americans. >> one of the things that struck me in my interview with tim geithner, the republicans were a little unclear....
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Nov 29, 2012
11/12
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CNNW
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obama and the democrats get their way, doing a deal to raise those rates where all bush cuts on all tax brackets expire at the end of the year. that is something that gives president obama a lot of clout right now. you can agree or disagree with the president's policy. that's for you to decide. congressman cole happens to disagree strongly, but at the same time he recognizes the political reality that all tax cuts will expire on january 1st. >> in my view, we all agree that we are not going to raise taxes on people that make less than $250,000. we should take them out of this discussion right now and continue to fight against any rate increases. continue to try to work honestly for a much bigger deal. >> congressman cole who will join us shortly is a rock rib republican, and is no longer a lone voice in the wilderness. i'm quoting now, the fact is that republicans face a new political reality on taxes. president obama's re-election means that taxes for upper income earners are going up one way or another. the question is how republicans should handle this reality. congressman cole, as y
obama and the democrats get their way, doing a deal to raise those rates where all bush cuts on all tax brackets expire at the end of the year. that is something that gives president obama a lot of clout right now. you can agree or disagree with the president's policy. that's for you to decide. congressman cole happens to disagree strongly, but at the same time he recognizes the political reality that all tax cuts will expire on january 1st. >> in my view, we all agree that we are not...
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Nov 30, 2012
11/12
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CNBC
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obama doesn't want another recession. the idea that pallety murray/chuck schumer idea if they can't have their way with no spending, if they can't have their way and raise tax rates they'll let all the tax cuts expire and we'll go into a recession. i think that's a bluff. i think that makes obama herbert hoover obama. he can't take a second recession and it would blow him out of the water. i think that's why the republicans have more leverage than they think. >> that's absolutely true. >> you buy that? >> more importantly there are three other reasons you should be able to get to an agreement. speaker boehner nose knows we need an agreement. three, this is the rare period in american politics where you can have governance with less politics. number four, you have a forcing mechanism. that happens very rarely, so those -- all those factors come together. i believe one of these weekends the president and speaker will get in a room and desire this things. >> we were there in the summer of 2011. we were there. i'm not saying
obama doesn't want another recession. the idea that pallety murray/chuck schumer idea if they can't have their way with no spending, if they can't have their way and raise tax rates they'll let all the tax cuts expire and we'll go into a recession. i think that's a bluff. i think that makes obama herbert hoover obama. he can't take a second recession and it would blow him out of the water. i think that's why the republicans have more leverage than they think. >> that's absolutely true....
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Dec 1, 2012
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increase rates on the wealthy only. new stimulus program 150 billion. and he wants a blank cheque that. is not a serious proposal bob. >> it is not. you talk to people in the real world, not in washington, but in the real world, they say the numbers and how this is done, i don't give a damn. i just want them to fix it. what the republicans should do is say these are the things we are going to fix. these are the numbers and this is our proposal. >> sean: wait a minute, i don't think you are being fair in one sense. the republicans said to the chagrin of a lot of conservatives that revenue is on the table. obama has said, my way or the highway. his proposal, his budget plan that nobody voted for last year. >> yes and he's asking for more revenue on the debt ceiling he's saying abolish congress' authority to borrow. i want the authority to be in the white house for -- >> sean: obama not leading again. >> it is a giant problem. i am surprised he is out there treating this like a campaign. he's giving speeches and going to campaign events in toy stores and s
increase rates on the wealthy only. new stimulus program 150 billion. and he wants a blank cheque that. is not a serious proposal bob. >> it is not. you talk to people in the real world, not in washington, but in the real world, they say the numbers and how this is done, i don't give a damn. i just want them to fix it. what the republicans should do is say these are the things we are going to fix. these are the numbers and this is our proposal. >> sean: wait a minute, i don't think...
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Dec 3, 2012
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it is a bailout we heard president obama talk about capping those interest rates that are going up. they have doubled in many circumstances. they could tax them. they could for give those interest rates all together or they have seen talked about for giving some of these students loans that exist out there today. because 93 percent of all student loans in the last year were issued by the government you are talking about taxpayers ofrnt hook for this. as it goes away we are all paying for it. this is a huge problem in this country nearly a trillion dollars in outstanding student debt right now. 956 billion on the table. >> so what is the solution? >> they certainly -- -- the president has talked about interest rates are a big problem right now. record survey shows more than 50 percent of 18 to 24-year-olds are moving into their parents when they grad kuwauate college. they have capped the interest rates for give them for a certain amount of time or forgive a certain amount of debt or back off at issuing the federal loans patti. let the loans go more private maybe then we won't have c
it is a bailout we heard president obama talk about capping those interest rates that are going up. they have doubled in many circumstances. they could tax them. they could for give those interest rates all together or they have seen talked about for giving some of these students loans that exist out there today. because 93 percent of all student loans in the last year were issued by the government you are talking about taxpayers ofrnt hook for this. as it goes away we are all paying for it....
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Nov 29, 2012
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rate that currently exists in the african american community. listen to this. >> blacks in particular are disproportionately in the public sector. one of the reasons those jobs have gone down, or have remained down, is, one, the republicans are cutting a lot of the agencies where we are the employees of government, jobs, government employees, and a lot of those jobs go to governors and mayors who also have had cutbacks. >> sean: what government agency has cut? >> exactly, exactly. >> sean: tell me one agency that's been cut. >> it's a tiny glimpse into sharpton's world of disinformation and smears and lies. this is what he does every day on his show. every day. >> sean: what? he just makes it up? >> yeah. it's conspiracy theory radio. you know, look at the election outcome. this stuff wins elections. >> sean: charles ogletree was on his program, and everybody that dares to disagree with susan rice, you can predict what this is going to say. >> we have to look at global policy, because it influences what we can do here. if you look at the one exa
rate that currently exists in the african american community. listen to this. >> blacks in particular are disproportionately in the public sector. one of the reasons those jobs have gone down, or have remained down, is, one, the republicans are cutting a lot of the agencies where we are the employees of government, jobs, government employees, and a lot of those jobs go to governors and mayors who also have had cutbacks. >> sean: what government agency has cut? >> exactly,...
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Nov 29, 2012
11/12
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oklahoma's tom cole, a member of congress says the grand old party should take president obama's view, extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris kearns goodwin joins us. >>> let me finish with how lincoln outlawed slavery for good and how he did it using politics. this is "hardball," the place for politics. >>> how's this for irony? mitt romney has finally captured 47% of america. remember this video that sunk the romney campaign? >> there are 47% of the people who will vote for the president no matter what. 47% who are with him, who are dependent upon government, who believe they are victims, who believe the government has a responsibility to care for them. >> well, the cook report points out romney shared a popular vote of this country has fallen to, you guessed it, 47.4%. as expected to fall further, and settle at the 47 mark, exactly. we'll be right back. [ woman ] . progresso. in what wo
oklahoma's tom cole, a member of congress says the grand old party should take president obama's view, extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris kearns goodwin joins us. >>> let me finish with how lincoln outlawed slavery for good and how he did it using politics. this is...
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Nov 30, 2012
11/12
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we spoke with gop senator john cornyn about president obama's plans too tax hikes. talking about increasing taxes, letting the tax rate go up on people making over $250,000 a year. as i understand it, that's about $85 billion a year, funding the government for eight days. $85 billion is a lot of money, but if you look at government waste, even senator tom coburn has identified $20 billion in waste. has anybody thought about getting the revenue from waste, seeing just how much we really need? >> the problem has usually been if you rdise taxes, the spending cuts will come later, and they never seem to manifest. >> greta: but not even spending cuts. actually waste. >> well, yeah, waste and fraud and abuse are the famous three horsemen of cuts. but the fact is that many times they're harder to get to it would afternoon. i think tom coburn has done a great service by identifying a lot of duplication and waste in the government, including in the pentagon. i'm a defense hawk, but the pentagon needs to do a better job when it comes to handling the people's money too. you ca
we spoke with gop senator john cornyn about president obama's plans too tax hikes. talking about increasing taxes, letting the tax rate go up on people making over $250,000 a year. as i understand it, that's about $85 billion a year, funding the government for eight days. $85 billion is a lot of money, but if you look at government waste, even senator tom coburn has identified $20 billion in waste. has anybody thought about getting the revenue from waste, seeing just how much we really need?...
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Dec 1, 2012
12/12
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FOXNEWSW
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biggest backers, who is cashing out before rates go up. the details are next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd
biggest backers, who is cashing out before rates go up. the details are next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#:...
121
121
Nov 29, 2012
11/12
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CNNW
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eye 121
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obama and the democrats get their way, doing the deal to avoid raising the rates and avoiding the fiscal cliff, where all tax cuts and brakes expire at the end of the year. that is an election, popular at the end of the year, certainly give president obama a lot of clout right now. you can disagree or agree with the policy. that is for you to decide. republican tom cole of oklahoma happens to disagree strongly. at the same time, he recognizes the political reality that all tax cuts will expire on january one, and no one wants to raise taxes on what would amount to 98% of all the taxpayers. >> in my view, we agree we're not going to raise taxes on people that make more than $250,000, we should just take them out of this discuss right now. continue to fight against any rate increases and continue to fight for a much bigger deal. >> congressman cole joins us, the staunchly conservative editorial page of "the wall street journal is on board now. president obama's re-election means that taxes for upper income earners are going up one way or another. the question is how republicans should hand
obama and the democrats get their way, doing the deal to avoid raising the rates and avoiding the fiscal cliff, where all tax cuts and brakes expire at the end of the year. that is an election, popular at the end of the year, certainly give president obama a lot of clout right now. you can disagree or agree with the policy. that is for you to decide. republican tom cole of oklahoma happens to disagree strongly. at the same time, he recognizes the political reality that all tax cuts will expire...
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Dec 2, 2012
12/12
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FOXNEWSW
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it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ] without feeling queasy. that's insurance for the modern world. esurance. now backed by allstate. click or call. >> the president who has covered the backs of businesses. a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. and that's why i'm here tonight supporting president obama. >> paul: that was costco co-founder and former ceo at the democratic national convention in september, saying that president obama will be better for business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current
it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ] without feeling queasy. that's insurance for the modern world. esurance. now backed by allstate. click or call. >> the president who has covered the backs of businesses. a president who understands what the private sector needs to succeed. a...
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Dec 1, 2012
12/12
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KQED
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obama is sticking to his guns. and congressional democrats, like house minority leader nancy pelosi, welcomed the president's plan. >> elections have consequences. the president campaigned-- he made it very clear, he made it very clear that he was supporting a tax cut for the middle class, that he wanted the expiration of the tax cuts for the high end. and the american people know that debate, they voted for him. >> warner: still, despite all the tough talk, reporter todd zwillich of wnyc and public radio international says there's more movement behind the scenes than meets the eye. >> there does tend to be a pattern to how big negotiations like this go. the fact that they haven't reached an agreement yet doesn't mean they won't before christmas, doesn't mean they won't before new years. there is a value in doing some public posturing and trying to get the public and the media on your side in these negotiations. the speaker may be right, it may be a stalemate right now. but that doesn't mean a stalemate can't be br
obama is sticking to his guns. and congressional democrats, like house minority leader nancy pelosi, welcomed the president's plan. >> elections have consequences. the president campaigned-- he made it very clear, he made it very clear that he was supporting a tax cut for the middle class, that he wanted the expiration of the tax cuts for the high end. and the american people know that debate, they voted for him. >> warner: still, despite all the tough talk, reporter todd zwillich...
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Nov 29, 2012
11/12
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CNNW
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obama and the democrats get their way, doing a deal to raise just those rates would avoid the fiscal cliff, where all bush era tax cuts on all tack tax brackets expire at the ends of the year. the election, popular opinion and more give president obama a lot of clout right now. and you can agree or disagree with the president's policy. that's for you to decide. republican congressmen tom cole of oklahoma disagrees stronsly. at the same time, he recognizes the political reality that all tax cuts will expire on january 1st and no one wants to raise taxes on what would amount to 98% of all taxpayers. >> in my view, we all agree that we're not going to raise taxes on people that make less than $250,000. we should just take them out of discussion right now. continue to fight against any rate increases, continue to try to work honestly for a much bigger deal. >> congressman cole joins us shortly. a rock rib conservative. chair of the national republican congressional committee, and he's no longer a lone voice in the wilderness. the staunchly conservative editorial page of "the wall street
obama and the democrats get their way, doing a deal to raise just those rates would avoid the fiscal cliff, where all bush era tax cuts on all tack tax brackets expire at the ends of the year. the election, popular opinion and more give president obama a lot of clout right now. and you can agree or disagree with the president's policy. that's for you to decide. republican congressmen tom cole of oklahoma disagrees stronsly. at the same time, he recognizes the political reality that all tax cuts...
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Nov 29, 2012
11/12
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MSNBCW
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congressman tom cole of oklahoma signaled republicans should accept president obama's tax offer. earlier today the president made note of it. let's listen. >> i'm glad to see, if you've been reading the papers lately, that more and more republicans in congress seem to be agreeing with this idea that we should have a balanced approach. so, if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> congressman, thank you for joining us tonight. give us your thinking about why it's important, i know politically it makes sense to many people, middle class, people making up to $250,000 a year, get the tax cut continued but people above are basically decoupled from that much larger group of people. >> well, chris, i don't think taxes ought to go up for anybody. i think it's bad economic policy. it will eventually cost us jobs and eventually slow the economy. that's going to cost us revenue as well. i don't agree with the president on that point. frankly, i think he needs to be a lot more specific about putting spending cuts an
congressman tom cole of oklahoma signaled republicans should accept president obama's tax offer. earlier today the president made note of it. let's listen. >> i'm glad to see, if you've been reading the papers lately, that more and more republicans in congress seem to be agreeing with this idea that we should have a balanced approach. so, if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> congressman, thank you for...
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Nov 29, 2012
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for president obama, people already like his idea, about raising taxes on income over a quarter million dollars and keeping everybody else's rates low and having that be the approached to a balanced approach to the deficit. that popularity of the idea that he is traveling around the country talking about. the popularity, the positive polling numbers for what he is talking about around the country is one of the two big advantages that president obama has here. the other is sort of as yet unexplored territory. when it comes to this type of campaigning, to asking the public to get involved in a policy issue, this president has an advantage that we don't really know how it is going to play out. this president, more than any other president and candidate in america history, maybe more than any other candidate in any country in history has built up a complex, comprehensive, robust, working system for finding his supporters, figuring out how best to contact them and then mobilizing them on his behalf, more than anybody else in history. the data-driven, high-tech system of contact with voters t
for president obama, people already like his idea, about raising taxes on income over a quarter million dollars and keeping everybody else's rates low and having that be the approached to a balanced approach to the deficit. that popularity of the idea that he is traveling around the country talking about. the popularity, the positive polling numbers for what he is talking about around the country is one of the two big advantages that president obama has here. the other is sort of as yet...
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Dec 4, 2012
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lost its top credit rating. got some good news from automakers. november was the best month for u.s. auto sales since january 2008. >>> our fourth story, showdown. john boehner today gave president obama a taste of his own medicine, putting out his proposal. i spoke with tom coburn this hour and he said the deal boehner's put on the table is the best compromise out there. listen. >> i'm certain that if this is not good enough for the white house, we will go over the fiscal cliff. >> if you read though, the boehner proposal carefully, no tax rate increases, which we know is a nonstarter for the president. so where does that leave us? john avlon is here to help us read through the lines of the deal, also crunch some of those numbers. first, we're talking about the $800 billion figure. that's in the lert john boehner wrote to the president. >> right. there is no numbers breaking that down. it's a where's the beef question. bumper sticker, we have the numbers but no details. boehner's aides will say that's where the negotiations come in. the devil's i
lost its top credit rating. got some good news from automakers. november was the best month for u.s. auto sales since january 2008. >>> our fourth story, showdown. john boehner today gave president obama a taste of his own medicine, putting out his proposal. i spoke with tom coburn this hour and he said the deal boehner's put on the table is the best compromise out there. listen. >> i'm certain that if this is not good enough for the white house, we will go over the fiscal cliff....
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Dec 4, 2012
12/12
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professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. th
professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers....
WHUT (Howard University Television)
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Dec 6, 2012
12/12
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WHUT
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to a roundtable of corporate executives in washington, president obama said republicans' aid to examine the reality that tax rates will rise for the wealthiest americans. >> we have seen some movement in the last several days with some republicans. there has been a recognition that, maybe, they can accept some rate increases as long as is combined with a serious impediment reform and additional spending cuts. and if we can get the leadership on the republican side to take that kramer, to acknowledge that reality, then the numbers are actually not that far apart. another way of putting this is, we could probably solve this in about one week. it is not that tough. >> new details have been revealed in the retail giant kermit factory where 120 dacre workers died in a fire last month. "the new york times" is reporting that wal-mart played a key role in blocking the improvement of safety features at the bangladeshi factory. one representative helped quash a proposal that would help to improve safety investments, calling them not financially feasible. documents found at the fire scene also sho
to a roundtable of corporate executives in washington, president obama said republicans' aid to examine the reality that tax rates will rise for the wealthiest americans. >> we have seen some movement in the last several days with some republicans. there has been a recognition that, maybe, they can accept some rate increases as long as is combined with a serious impediment reform and additional spending cuts. and if we can get the leadership on the republican side to take that kramer, to...
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Dec 5, 2012
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yesterday obama also appeared to showroom for flexibility on actually relowering those tax rates in the future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. p what i've suggested is let's essentially put a down payment on taxes. let's let tax rates on the upper income folks go up. and then let's set up a process with a time certain at the end of 2013 or the fall of 2013 where we work on tax reform, we look at what loopholes and deductions both democrats and republicans are willing to close, and it's possible that we may be able to lower rates by broadening the base at that points. >> in the meantime, now the gop is fighting with itself. speaker boehner is facing growing backlash from the more conse
yesterday obama also appeared to showroom for flexibility on actually relowering those tax rates in the future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go...
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Dec 3, 2012
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excellent rating, 18% said the same for cuomo and both bloomberg and fema got 14% excellence ratings. cory booker is taking part in what he has labelled as the food stamp challenge. he will only eat what food stamps can provide, $4 a meal. a back and forth twitter exchange about the role in funding school breakfast and lunch programs. finally the kennedy center hohnr honore honorees. actor dustin hoffman, buddy guy and a balance lerina all in attendance in the east room event. >> it's different when you're not the one with the mike, isn't it, dave? you're looking a little stressed. >> led zeppelin. henry mancini and led zeppelin have the kennedy center honoree thing in common. oy. the markets will keep watching the slow going fiscal cliff negotiations today. how will wall street react to the latest maneuvering? to the market rundown. we'll let you know when to pay attention. is that still the case? >> i have to admit 28 days and counting. >> if we're in the same place in two weeks, i'll be nervous. >> the 15th they have to have a deal. >> it's nothing. >> it is if you want companies
excellent rating, 18% said the same for cuomo and both bloomberg and fema got 14% excellence ratings. cory booker is taking part in what he has labelled as the food stamp challenge. he will only eat what food stamps can provide, $4 a meal. a back and forth twitter exchange about the role in funding school breakfast and lunch programs. finally the kennedy center hohnr honore honorees. actor dustin hoffman, buddy guy and a balance lerina all in attendance in the east room event. >> it's...
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Nov 29, 2012
11/12
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CNNW
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a new report says president obama is being flexible with top tax rates as negotiations intensify. will that help republicans agree to a deal? we'll be talking to republican from wyoming senator john barrasso up next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2
a new report says president obama is being flexible with top tax rates as negotiations intensify. will that help republicans agree to a deal? we'll be talking to republican from wyoming senator john barrasso up next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest...
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Nov 30, 2012
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. >> >> sean: after campaigning for president obama, his biggest supporters are changing their tunes, including musicians, like katy perry, sheryl crow, cee-lo, fighting a bill that could lower royalty rates for internet radio, like pandora, saying it limits earnings that thousands of these rich musicians rely on. innic that it was their candidate that fought for big government and paying, quote, your fair share. good to see you both. weren't they campaigning for president obama, spread the wealth? >> yes. >> paying your fair share. >> yes. >> sean: why are they working with antitax groups, wanting smaller government all of a sudden? is that hypocrisy? >> no, it's not. no permanent friends, no permanent enemies, only permanent interests. >> sean: it's a month later, they want their money. >> they're still okay with paying higher taxes and chipping in and helping out. >> sean: no, they're not. they don't want pandora in their pocket. they don't have a problem with paying higher taxes to help our country out. >> sean: wait a minute. they're hanging out with antitax groups because they w
. >> >> sean: after campaigning for president obama, his biggest supporters are changing their tunes, including musicians, like katy perry, sheryl crow, cee-lo, fighting a bill that could lower royalty rates for internet radio, like pandora, saying it limits earnings that thousands of these rich musicians rely on. innic that it was their candidate that fought for big government and paying, quote, your fair share. good to see you both. weren't they campaigning for president obama,...
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Nov 29, 2012
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you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses or hurt our economy. >> meanwhile, president obama is again stepping into defend susan rice who was locked in a face-to-face power struggle with republicans on capitol hill for the second straight day. as nbc's andrea mitchell reports, it's not getting any easier for the women many believe who will be nominated for the next secretary of state. >> the primary purpose from my perspective -- >> with hillary clinton nodding approval, the president sent a strong message to the republicans, don't mess with my u.n. ambassador. rice a welcomed signal that her nomination is still alive despite another brutal day on capitol hill. >> the u.n. ambassador decided to play what was essentially a political role at the height of a contentious presidential election campaign. >> i would just ask the president to step back for a moment and realize that all of us here hold the secretary of state to a very different standard than most cabinet members. >> reporter: why is she s
you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses or hurt our economy. >> meanwhile, president obama is again stepping into defend susan rice who was locked in a face-to-face power struggle with republicans on capitol hill for the second straight day. as nbc's andrea mitchell reports, it's not getting any easier for the women many believe who will be nominated for the next secretary of state. >> the primary purpose from...
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Dec 1, 2012
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republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the we weltmist americans. >> what he proposed this week is a classic bait and switch on the american people. a tax increase doubled the size of what he campaigned on. >> joining me now nbc news white house correspondent mike viqueira. mike, let's talk about this thing. this is the time the lawmakers are breaking out the rule book to find some tricks. how does pelosi think she can force a vote on middle class tax cuts? >> it's funny, craig, the president visited the tinker toy factory yesterday but he's not playing around, that is for certain. his opening bid delivered by tim geithner the treasury secretary on thursday up on the hill was such a one-way document as far as republicans were concerned that the republican leader of the senate broke out in a burst of laughter when he saw $1.6 trillion in new revenues, principally from taxes on the wealthiest americans. that's, obviously, something the president ran on. but something as you saw there from orrin hatch and speaker joh
republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the we weltmist americans. >> what he proposed this week is a classic bait and switch on the american people. a tax increase doubled the size of what he campaigned on. >> joining me now nbc news white house correspondent mike viqueira. mike, let's talk about this thing. this is the time the lawmakers are breaking out the rule book to find some tricks. how does pelosi...
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Dec 5, 2012
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says he will only agree to a deal that raises tax rates on top earners. >> we are not going to simply cut our way to prosperity or cut our way out of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because they are wealthy. it's a simple proposition that you can't raise enough revenue and if you don't raise enough revenue through closing loopholes abductions, it's going to be middle class families that make up the difference. bill: john boehner will speak later this hour. we'll see how he responds to that comment. if washington can't get a deep, automatic tax increases and massive spending cuts do take effect. martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more efficiently. >> last year the office of budget management says $115 billion was misspent. that's a tremendous savings right there. they are both much lower than ever
says he will only agree to a deal that raises tax rates on top earners. >> we are not going to simply cut our way to prosperity or cut our way out of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because they are wealthy. it's a simple proposition that you can't raise enough revenue and if you don't raise enough revenue...
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this is why president obama extend the tax rates for a year action because he said this could hurt the economy. here we are again. we're not anywhere different than we were last year really. >> gregg: donna, dick durbin, the senate's number two democrat, said that social security is off the table because i'm going to quote him here -- it does not add a penny to our deficit. that's ludicrus. >> i think that i'm unable to comment because i think the context may have something to do with the sense of lock box and where this money actually comes from and where it sits in the meanwhile before it gets spent. but i also think it's awfully important to remember that in terms of republican cooperation, the president really has been i think very sincere about seeking that cooperation and initially speaker boehner i think expressed with great sincerity his interest in cooperation. i dare say that there has been a lot of biplay among both the senators and the house members on what that cooperation is going to look like. but i do think it's awfully important that we not come out of this process and
this is why president obama extend the tax rates for a year action because he said this could hurt the economy. here we are again. we're not anywhere different than we were last year really. >> gregg: donna, dick durbin, the senate's number two democrat, said that social security is off the table because i'm going to quote him here -- it does not add a penny to our deficit. that's ludicrus. >> i think that i'm unable to comment because i think the context may have something to do...
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Nov 30, 2012
11/12
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the latest examples comes from entertainers obama supporter katy perry and rihanna. find out why they're only generous with your money, the ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on no
the latest examples comes from entertainers obama supporter katy perry and rihanna. find out why they're only generous with your money, the ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer lease a 2013 glk350 for $399 a month at your local...
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Nov 29, 2012
11/12
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KRON
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tax rates for everyone else. his two top negotiators will meet tomorrow on capitol hill. the sessions are important step on determining how the government can work together. a seemingly slight change in tone in washington today kron4's political analyst michael yaki is here to talk about it all -- >> in order to kick the debt ceiling the wanted its deficit reduction and this is basically that a stop- active measure to save it or to get a deal done. nobody wants to go there but we need deficit reduction and this is how we to it. >> . read saying that was not doing that well but now, john boehner is a saying that it is a little bit better what is going on? >> not really anything they are still talking at each other and the president is now bringing more to the bargaining table for john boehner to bring more provisions for the debt ceiling. >> at least four more weeks to get this done this is huge which is already it is a lumbering along in doing anything realistically was of the public expect at this point? >> what
tax rates for everyone else. his two top negotiators will meet tomorrow on capitol hill. the sessions are important step on determining how the government can work together. a seemingly slight change in tone in washington today kron4's political analyst michael yaki is here to talk about it all -- >> in order to kick the debt ceiling the wanted its deficit reduction and this is basically that a stop- active measure to save it or to get a deal done. nobody wants to go there but we need...
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Dec 7, 2012
12/12
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i think john boehner has to go back to his members and say look, president obama won the election, polling suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news for everyone. it's a good number, down to 7.7%, unemployment, 146,000 new jobs added but the downside is that fewer people were in the labor force a lot fewer, because people gave up on even trying. >> i think this is one of the more provocative questions and get to it on sunday, which is, are we too focused on the debt. are we not focused enough on what the government can be doing to try to spur job growth? beyond just -- >> there was a stimulus piece in the offer from the white house that was laughed at by the -- >> laughed at but could end up surviving. one of the things about the president's initial offer is it may have sent a bad signal to conservatives but it did have the ef
i think john boehner has to go back to his members and say look, president obama won the election, polling suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news for everyone. it's a good number, down to 7.7%, unemployment, 146,000 new...
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Dec 6, 2012
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. >> raising tax rates will hurt the economy. >> i will not play that game. >> president obama standing his ground. >> i will not play that game. >> he's not willing to play that game. >> playing the smackdown. >> i think the president has boxed the republicans in. >> i know we have it to raise revenue. >> is he the only republican? >> i don't care how we do it. >> raising tax rates hurt the economy. >> let's just go over the [ bleep ] cliff. >> if they do not make this deal on tax rates for the top 2%, then they're going away. >> i just hope this doesn't become a game of chicken. >> i will not play that game. >> it goes into february and march. >> public opinion is on their side. >> when we have to raise the debt ceiling. >> i will not play that game. >> this is about gaining maximum leverage. >> we've gone through this before. >> some republicans believe that will give them more leverage. >> it's government at the brink all the time. >> these guys are not serious about negotiating.ç >> the next 72 hours are critical. >> i think we're going over the cliff. >> let's just go over the [
. >> raising tax rates will hurt the economy. >> i will not play that game. >> president obama standing his ground. >> i will not play that game. >> he's not willing to play that game. >> playing the smackdown. >> i think the president has boxed the republicans in. >> i know we have it to raise revenue. >> is he the only republican? >> i don't care how we do it. >> raising tax rates hurt the economy. >> let's just go over...
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Nov 29, 2012
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in the "wall street journal" they write obama's flexible on highest tax rates. white house's flexibility, described by bowls, confirmed by the administration officials, could envision tax rates -- tax rate increase from the current level but was less than clinton era levels. if the republicans can say, we cut taxes from where they were under clinton it gives them cover though rates may go up. a weird, if there is an act of kabuki theater that would be it, right. >> i see a parallel between the two news story the palestinian vote and the congressional stuff because boehner's -- >> be careful here, my friend, please. >> let me do my caveats first. i still have a job when i walk out of the studio. i sort of see a boehner in the role of a boss here. you know he has got, you know, he's got still a very hard core group of people on right who are not still -- still not terribly afraid and are not taking lessons out of election so he really does have a fundamental concern about how he's going to put together a coalition to do this. and i really do think, for all joking
in the "wall street journal" they write obama's flexible on highest tax rates. white house's flexibility, described by bowls, confirmed by the administration officials, could envision tax rates -- tax rate increase from the current level but was less than clinton era levels. if the republicans can say, we cut taxes from where they were under clinton it gives them cover though rates may go up. a weird, if there is an act of kabuki theater that would be it, right. >> i see a...